Creating an estate plan has its obvious advantages and there are many positive outcomes to be considered. Check out four of the most noteworthy positives that can come from creating an estate plan with an attorney.
Family Is Alleviated from Making Tough Choices
Think about what will take place if you pass away. Your loved ones become responsible for making a lot of tough decisions. They will be left trying to determine:
- The timespan between an accident and reaching a settlement can be long. Naturally, when a victim finally reaches this phase, they want to sign the release as quickly as possible to release the desperately needed funds. However, remember that this form is a legal document, and the fine print included within it is important. 1. Claim Release Sometimes, just because a settlement has been reached it does not mean that the case is final.
- If you have decided to divorce your spouse, consider an uncontested divorce. An uncontested divorce can save you money and hasten the divorce process. Below is a brief overview of such a divorce. Out-Of-Court Agreement Some people confuse uncontested divorce with no-fault divorce, but the two are markedly different. A no-fault divorce means that you are not accusing each other of any wrongdoing. You can just cite irreconcilable differences and get on with the divorce.
- Dealing with adult children when planning an estate is one thing. If your offspring are below the age of 18, special provisions must be made to ensure that they are taken care of if something should happen to you. While money from a life insurance policy will undoubtedly be much-needed and important, you also need to consider their day-to-day care. Read on to find out more when considering minor-aged children and your estate plan.
- If you recently filed for Social Security Disability benefits and were denied, count yourself in good company. Tens of thousands of people apply and are initially denied when seeking disability. If this happens to you, you should contact an attorney right away to file an appeal. There are a variety of reasons why your claim may have been denied. The following are some examples: You Did Not Have Sufficient Evidence